Malaysia’s Covid-19 curve steepens again following spike in daily cases
KUALA LUMPUR (April 17): For the first time in 40 days, Malaysia’s daily Covid-19 cases crossed the 2,000 mark on Thursday.
Magna Prima's auditor flag material uncertainty as group's liabilities exceed assets by RM108m
KUALA LUMPUR (April 17): Magna Prima Bhd’s independent auditor has raised a material uncertainty related to the property developer’s ability to continue as a going concern.
Vincent Tan continues to trim stake in Berjaya Land
KUALA LUMPUR (April 17): Berjaya Corp Bhd boss Tan Sri Vincent Tan (pictured) has continued to trim his stake in Berjaya Land Bhd (BLand).
Capitaland Trust's 1Q net property income shrinks on lower revenue
KUALA LUMPUR (April 16): Capitaland Malaysia Mall Trust (CMMT) saw its net property income (NPI) for the first quarter ended March 31, 2021 (1QFY21) drop 26.
Malaysia's Covid-19 cases jump to 2,551, Sarawak again leads with 960 infections
KUALA LUMPUR (April 16): Malaysia’s new Covid-19 cases jumped to 2,551, from 2,148 yesterday, with Sarawak once again accounting for the most cases at 960.
Bina Puri inks MoU for providing renewable energy power solutions
KUALA LUMPUR (April 16): Construction company Bina Puri Holdings Bhd said it has entered into a collaboration to explore opportunities of providing renewable energy power solutions, including rooftop solar power solutions as well as establishing and managing electric vehicles charging facility initiative programmes.
Guocoland to launch new lakefront condo tower at Emerald Hills in Cheras
PETALING JAYA (April 16): Guocoland (Malaysia) Bhd will launch Block C of the North Tower Condominiums in its township of Emerald Hills in Alam Damai, Cheras, on April 17.
Knight Frank: Asia to see fastest growth of ultra-high-net-worth individuals
KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.
UEM Edgenta unit faces lawsuit over alleged failure to complete MRT2 sub-contract
KUALA LUMPUR (April 16): UEM Edgenta Bhd's subsidiary Edgenta Propel Bhd (EPB) is being sued for allegedly failing to complete a RM87 million sub-contract under the Klang Valley Mass Rapid Transit's Putrajaya Line (MRT2) project.
NWP shareholders seek EGM on May 19 to replace directors
KUALA LUMPUR (April 16): Timber products manufacturer NWP Holdings Bhd has received a formal demand from two of its shareholders to call for an extraordinary general meeting on May 19 to move resolutions for the removal of several directors and the appointment of new board members.
